Meitu repurchases 2.32 million shares for HKD 10.00 million, cutting free float by 0.05%

Bulletin Express04-22

Meitu, Inc. disclosed that on 22 April 2026 it bought back 2.32 million ordinary shares on the Hong Kong Stock Exchange, paying between HKD 4.30 and HKD 4.33 per share. The transaction cost totalled HKD 10.00 million, based on a volume-weighted average repurchase price of HKD 4.3111.

The repurchase reduced Meitu’s issued share capital (excluding treasury shares) from 4.56 billion to 4.55 billion shares, a decline of 0.05%, while increasing treasury shares to 32.88 million. The company’s total issued share count remains unchanged at 4.59 billion, as the repurchased shares are being held in treasury rather than cancelled.

Under the shareholder mandate approved on 5 June 2025, Meitu is authorised to repurchase up to 456.62 million shares. Including the latest transaction, the company has bought back 32.88 million shares—0.72% of the shares in issue on the mandate date.

In line with Hong Kong Listing Rules, Meitu is subject to a moratorium on issuing new shares or selling treasury shares until 22 May 2026. The company confirmed that all repurchase activities complied with applicable regulations and that no material changes have been made to the previously filed explanatory statement.

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